Land For Sale £150,000
Penuel Lane, Pontypridd CF37

Main features:
Substantial town centre re-development opportunity.
Alternative refurbishment & retail / mixed use.
Freehold property with on site car parking.

Description location & directions; Barbara Rees Commercial is pleased to offer for sale this substantial town centre property, located in the heart of Pontypridd adjacent to the indoor market and just off Taff Street / Gelliwastad Road.

The site includes a large detached building and single storey annex along with a triangular shaped area of land currently used for car parking.

The buildings comprising two former retail units and upper parts, suitable for either refurbishment and retail / mixed use or a complete re-development of the whole site.

See the map inlay below for local directions.

Viewing; External unaccompanied viewing is possible with internal viewing by prior appointment via our Tonypandy office.

Front / main entrance; Off Penuel lane via secure roller shutters, additional side and rear entrance.

Main builidng; Brick / stone / solid masonry construction overlain with a slate roof, previously a retail unit with upper parts storage

annex building; Single storey brick / stone construction & flat roof, formerly a retail shop unit.

Internal area; 25ft x 24ft approx x 3 floors (main building), 44ft x 17ft approx (side annex).

Exterior; Side and rear area of land for car parking (triangular in shape) with direct access off Penuel lane.

User; Currently vacant but believed to previously fall within use class A1 retail (1987 planning act use class orders Wales as amended).

Re-development; The sellers have verbally advised that historic proposals had been considered for conversion to a mixed use development of ground floor retail with residential upper parts (flat conversion). The site also lends itself to an A3 or combined A3 / C3 use subject to planning permission.

Rates; To be confirmed.

Guide price; Barbara Rees Commercial is instructed to invite offers circa £150,000 for the sale of the outright freehold interest and offers should be made in writing to our Tonypandy office.

Method of sale; Via private treaty and the property is to be sold as seen and viewed with no guarantees or warranties.

General notes; Any information contained herein should be verified by prospective purchasers or their advisers prior to any formal commitment to purchase. The proceeds of crime act 2002 & anti money laundering rules 2007 require us to obtain both personal and residence identification from all purchasers / ingoing tenants where an offer has been made and accepted. Please arrange for the appropriate identification to be provided, when asked. Barbara Rees is advised that the property is of freehold tenure and all mains services are either on site or nearby, although this and the adequacy and condition of any and all equipment / fixtures and fittings / inventory items, should be confirmed by the prospective purchaser or via the acting solicitors. Any measurements given are approximate and the site plan shown below is for illustrative purposes only and all boundaries are subject to verification by the purchaser or their advisers.